Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Blood
Now that Matech has confirmed that Big T is Co-CEO, do you or anyone else for that matter, know of any kind of rule within the SEC, FINRA, whatever, that limits the number of companies an individual can be an executive officer of? If so, perhaps an email listing Big T and his affiliations may be in order.
If not, perhaps a recommendation can be made to them to adopt a rule.....seems too common sensical to think that one man could possible run 3 publicly traded companies effectively for the benefit of the shaeholders.
Seems like Big T collects CEO titles like Tiger collects girlfriends
Well, how does the old saying go.....Where there's Cataldo, there's fire (sale)
Probably nothing....might have to try calling and saying your name is Tony Cataldo in order to get them to answer. Could be that Reid is providing more "opportunities for his family" and cannot answer the phone.
As for the default, I'd assume that everything is ststus quo.....if Palisades had called a default, an 8-K would have been required. Watch for more free shares to be issued though.
Blood
Nice work....notice how Palisades paid these fees "on behalf of the company?" What happened, does anybody really think Reid cut a check with his right hand and deposited it with his left hand? Doubtful.....seems like an easy way to gain some free shares on the investors backs.
Big T must have salivated when he got wind of this litle ditty. He's probably amazed at how he wasn't able to get this deal at all of his other "successful" turnarounds. Makes those $0.05 options seem like a great deal to investors compared to this paper shuffling.
Or you can just funnel all cash into a razrclick.com bank account and have the best of all worlds
Pretty impressive list Blood
Now if those were answers on Jeopardy, would the question be "Who are the leading candidates to be inducted into the truth and integrity hall of fame?"
Blood
I can assure you I would also not be here....I feel a certain kinship to you and Voipy in regards to Big T.
If there's any place in or around Wilshire, and if you guys are in that area, hang around a place called Le Petit Four and I'll bet you'll find Big T in there for lunch or dinner within a few days.....you might be able to personally walk up and shake his hand.
Voipy - think there's any connection between Robert Bernstein and Mark Bernstein, a research guy at USC, who works at Poteus Environmental with David Firestone, aka M.A.G. Capital, who brought Big T into GSTY? Might also connect the dots full circle if there's a link.....probably also a link between Breitman and Firestone.....did you guys know that Firestone got fined and censured recently by the SEC for taking and selling warrants that belonged to MAG's LP's?
LOL....and this "scam" company founded in 2006 has 12 complaints filed against it with the Better Business Bureau.
Can you smell what's cookin???
While Breitman may have been involved long before Big T came here, I'll bet money that he and Tony have a relationship and is most likely the reason Big T is at MTCH.....rats stay together in packs.
How does the SEC not slam the door on these guys, banning them from any kind of involvement with public companies?
Link to a new website listing Reid Breitman as President....states Website up January 2010....could be Breitman's latest scam...gotta love this claim about the COmpany:
Our company is built on the principles of honest, reliable service
Funny thing, the address of Turnkey Foreclosure Opportunities? 2224 Main St Santa Monica CA
http://laforeclosureinvestor.com/6.html
Blood
It is in CA, and the premise seems along the lines of shady, so I wouldn't necessesarily dismiss it
How about another link, this one an article from 2001, another scam linked to the Breitman name:
http://www.redherring.com/Home/5463
Kiosks, Cocaine, and Khashoggi.
Print
All Articles
Letter to the editor
Podcast on 05 December 2001, 22:00
by staff
In the world of troubled dot-coms, you aren't likely to find a more baroquely tangled intrigue than the one enveloping GenesisIntermedia.com of Van Nuys, California--a company that claims to operate such oddly unrelated businesses as a car rental company, a consumer telemarketing company, a coupon business, and a network of shopping mall Web kiosks.
Behind this company--or linked to it in one way or another--is a cast of characters the likes of which are not often seen even in a penny-stock souk, let alone the Nasdaq National Market, where Genesis is (or at least, was) traded (Nasdaq: GENI). Within this yarn also lurks a cautionary tale for any investor seeking to make a quick killing on a volatile, low-priced stock like Genesis, which since spring has soared from $6.50 to $25 and then back again.
The lesson: do your due diligence. Then run like mad from any company that turns out to be owned--even in part--by investors who are trying to hide their identities behind a veil of anonymous-sounding investment companies. You just never know when the regulators might show up and halt trading in the shares. That's exactly what happened to investors in Genesis at the end of September.
So who's behind the veil? First, a fugitive Saudi arms merchant who is wanted on a warrant for bank fraud in Thailand, and at least two different drug dealers with felony rap sheets, one of whom is deceased and had ties to the Central Intelligence Agency. Two regional brokerage companies, one in Minnesota and the other in New Jersey, have also gotten swept up in the story, as has the New York financier Carl Icahn, who had the misfortune to extend a $100 million credit line to Genesis in June in exchange for some warrants in the company's stock.
Nasdaq market regulators halted trading in Genesis to seek "additional information" from the company in apparent response to some confused--and confusing--public statements as to whether its stock had undergone a three-for-one split. A September 5 company press release disclosing the plan said the split would take place on September 24. One day later, the company issued a follow-up announcement in which the date of the split was more vague.
But on September 19, Genesis announced that it was postponing the split, citing market turmoil in the wake of the September 11 terrorist attacks. Genesis shares took quite a hit when the entire market plunged; they fell from $17 on September 10 to $13 by September 19. The stock continued to crumble, and by the morning of September 25 it had slumped to $8.30 per share--at which point the company issued a perplexing statement saying that the weakness in Genesis's share price may have been the result of "certain news organizations not having updated their databases" to reflect the postponement of the split. This simply caused the stock to fall further, and by day's end it was down to $5.90. That's when regulators halted trading until the company could explain what was going on.
This left two brokerage companies, NativeNations Securities and the Stockwalk Group, exposed to millions in losses through some complex stock transactions that federal regulators are now investigating. Yet who is actually to blame in the fracas is almost a sideshow, for behind the Nasdaq announcement--which stuck Genesis shareholders with $137.5 million's worth of stock they could not sell--was a much larger story indeed.
Let's start with the largest single shareholder in Genesis: an outfit called Ultimate Holdings. Ultimate Holdings turns out to be an investment vehicle for a Saudi arms merchant named Adnan Khashoggi, who played a key role in helping broker illegal weapons traffic from the United States to Iran during the Iran/Contra affair. (Incidentally, Mr. Khashoggi and Imelda Marcos, former first lady of the Philippines, were jointly tried and acquitted of federal fraud charges in New York, and he is currently a fugitive from a bank fraud warrant in Thailand.)
Genesis's original underwriter was an outfit bearing the name Millennium Financial. The firm--now known as I-Bankers Securities--is run by a fellow named Michael Roy Fugler. Prior to becoming an investment banker and broker, Mr. Fugler worked as a criminal defense lawyer--in which capacity he handled narcotics-related cases for an Arkansas pilot named Barry Seal.
Seal kept a plane at a rural airport in Mena, Arkansas, which was eventually cited in news stories as a base of operations for alleged CIA drug trafficking in connection with covert U.S. support for the Contras. Seal is widely reported to have worked as a contract pilot for the CIA in that effort, smuggling arms to the Contras in Nicaragua and returning to Mena with cargoes of cocaine and other drugs. Seal was murdered in 1986 in Louisiana by Colombian cocaine cartel hit men. Mr. Fugler says he had absolutely no involvement with Seal except to represent him in two criminal cases involving narcotics in Florida, and a series of more routine civil actions elsewhere. He says he has never met and does not know Mr. Khashoggi.
Another company that Millennium took public is Netivation.com, which has a curious history with an Arkansas politician named Asa Hutchinson. In 1982, Mr. Hutchinson was appointed by then- President Ronald Reagan as the U.S. attorney for the district in which Mena is located. Mr. Hutchinson has publicly stated that he began researching "evidence of money laundering" in Mena when he was U.S. attorney, but that he resigned before the probe was complete. In 1999, Netivation signed a business contract with Mr. Hutchinson, by then a U.S. congressman, to undertake fund-raising for his re?lection. Mr. Hutchinson now serves in the Bush administration as the head of the U.S. Drug Enforcement Administration.
The co-underwriter of Netivation, along with Millennium, was an investment bank known as EBI Securities, which began in 1993 as the Czech Fund. One of the company's founding board members was Robert McFarlane, who had served as Mr. Reagan's National Security Advisor during the Iran/Contra scandal. In 1994, the Czech Fund changed its name to Czech Industries, and in 1995, it sold stock to the public courtesy of a Wall Street investment firm called Stratton Oakmont. By 1996, Mr. McFarlane had left Czech's board. Stratton Oakmont was subsequently shut down by the U.S. Securities & Exchange Commission for fraud and stock-rigging activities.
In 1996, Czech Industries merged with a brokerage firm called Eastbrokers International. In the process, a young Viennese stockbroker named Wolfgang Kossner became the largest stockholder in the merged entity. He had been running a brokerage called WMP Bank, which was also merged into Eastbrokers in the deal. Thereafter, Eastbrokers changed its name to Global Capital Partners and sold WMP Bank back to Mr. Kossner, who relaunched it as General Commerce Bank. Mr. Kossner was arrested by Austrian police in August in connection with the collapse of General Commerce and the apparent loss of some $1 billion in capital.
A German press report last March identified Mr. Khashoggi as holding a financial interest in WMP Bank and listed an individual named Regis Possino as being active in the bank's affairs in an unspecified way. Mr. Possino is a lawyer with a criminal record stretching back more than 15 years. He was disbarred in the mid-'80s after being convicted of selling 350 pounds of marijuana to undercover drug agents in California. In 1995, he pleaded guilty in federal court in Los Angeles to participating in a fraudulent scheme to use overvalued stock to pump up an insurance company's balance sheet.
A June 2000 financial filing with the SEC lists a company under which Mr. Possino does business--Corporate Financial Enterprises--as having the same address as an investor named Reid Breitman. Mr. Breitman's company, Corona, is listed in other SEC filings as being the largest single shareholder of Global Capital Partners.
So let's see: a fugitive arms dealer, two convicted drug dealers (one reportedly murdered by a Colombian cocaine hit squad), the scent of the CIA, and even those golden oldie memories of the Iran/Contra scandal--should we even bother to look at the company's financials? As of its latest filing, Genesis showed $54 million in assets, $63 million in liabilities, a negative net worth of $9 million, $8 million in quarterly losses, and $13 million in negative cash flow--assuming you even believe the numbers.
But don't we really know enough already? With more than 5,000 public companies to choose from, why waste another minute on this sort of dreck? Alas for the public, too few did their homework. Instead, they simply went chasing after this barking dog as it howled and growled from $6 to $25, then collapsed right back down to $6 all over again--at which point the National Association of Securities Dealers halted trading in the stock entirely. It will be interesting indeed to see what "additional information" the regulators squeeze from this mutt before trading in Genesis's shares resumes--if it ever does.
Another link to the Breitman name, the Santa Monica address, and fraud allegations dated 8/13/2005....amazing how the SEC can let people like this (as well as Big T and friends) continue to be involved with public companies, IMHO
http://www.stltoday.com/stltoday/business/special/stockfraud.nsf/0/895E0BCAE8172ED78625705C0063652B?OpenDocument
Firm's operations could trouble voters
By Christopher Carey
OF THE POST-DISPATCH [COPYRIGHT]2005, ST. LOUIS POST-DISPATCH
08/13/2005
A company whose touch-screen voting machines won state certification in Missouri last month has been raising money through stock placements that found their way to unlicensed securities "boiler rooms" in Europe.
AccuPoll Holding Corp.'s filings with the Securities and Exchange Commission show that the company's financial backers include the children and business associates of a man who went to prison for fraud in the 1990s.
AccuPoll, a publicly traded company with headquarters in Tustin, Calif., declined to comment Friday on its finances or the offshore share sales.
"It is our policy not to publicly speculate on transactions allegedly made by some of our stockholders or some of our stockholders' affiliates, especially when we are not a party to such alleged transactions," said William E. Nixon, its president and chief executive.
His comment was a written reply to questions submitted by the Post-Dispatch.
People who bought AccuPoll shares from the foreign brokerages have lost much of their initial investment.
AccuPoll's SEC filings show that its early investors include two companies managed by adult children of Sherman Mazur, a one-time real estate magnate in Southern California.
Mazur, 56, pleaded guilty to seven counts of bankruptcy and tax fraud after his empire collapsed. He was sentenced to 1993 to six years in prison.
A group of 24 St. Louisans who invested in property he managed won a $3.2 million civil judgment against him. For more than a decade, they have been unable to collect the money or identify assets in his name.
AccuPoll is one of at least four publicly traded companies that have listed Mazur's children as stockholders, Post-Dispatch research shows.
Shares of all four companies have been peddled to foreign investors by overseas firms that regulators warned were unlicensed telemarketing operations, known as "boiler rooms." Each stock declined sharply in value, leaving buyers with little to show for their money.
AccuPoll's affiliations could prove troubling to election officials, given public concerns about accurate vote tallies and the security of computerized voting systems, said Bev Harris, founder of Black Box Voting, an advocacy group in Renton, Wash.
"All it takes is one person who has criminal or ethical problems," said Harris, whose organization investigates the reliability of touch-screen and other computerized voting machines. "That pretty much throws the whole integrity of the system into question."
AccuPoll says it intends to wrest business from the industry's established suppliers with a computerized system that prints a paper receipt confirming each user's choices.
The company also is seeking certification in Illinois and has been cleared to sell its machines in at least 10 more states.
Although the financing questions don't affect the security of the machines, they could undermine their acceptance, said G. Terry Madonna, director of the Center for Politics and Public Affairs at Franklin & Marshall College in Lancaster, Pa.
"This is a very touchy subject," he said. "All of it is against a backdrop of uncertainty and distrust."
AccuPoll's SEC filings also show that the company got financing and consulting services from businesses managed by a lawyer named Reid Breitman. Those entities used the same address that Sherman Mazur and his children have used in corporation filings.
Breitman, 38, declined to comment Friday, saying he adopted a policy of not talking to reporters after another publication unfairly drew an association between him and a "criminal" who once leased the office he now occupies.
The building, a former art gallery in Santa Monica, Calif., also has been used by Regis Possino, 57, a disbarred lawyer with separate convictions for drug dealing and fraud.
Four overseas brokerages have marketed AccuPoll's shares to European investors.
Regulators in Spain and Great Britain issued warnings about two of the firms, Anderson Fitzpatrick AG and Tana Corum Holdings, saying they were offering investments without proper licenses.
Focus on technology
The Missouri secretary of state's office, which oversees election issues, was unaware of AccuPoll's financial backers or the sale of the company's shares by overseas brokerages, spokeswoman Stacie Temple said.
Missouri's certification process for election equipment focuses exclusively on the integrity of the machine and its technology, Temple said.
The same is true for Illinois, said Daniel White, executive director of the Illinois State Board of Elections.
"If we do learn of those things, the board would certainly take a look at it," he said, referring to questions about companies' financing and executives' backgrounds.
AccuPoll says 10 other states already have approved its systems - Alabama, Arkansas, Ohio, South Dakota, Utah, Kansas, Kentucky, Louisiana, Pennsylvania and West Virginia.
The company has signed up just two customers, a pair of small Texas counties, that are awaiting that state's certification.
High-pressure tactics
The Post-Dispatch has been tracking AccuPoll as part of its continued monitoring of overseas boiler rooms, which push foreigners to buy stock in small American companies with limited business histories, revenue and capital.
A series of Post-Dispatch stories last year showed how the operations took in hundreds of millions of dollars by selling inflated shares in roughly 200 public and private U.S. companies. Those shares invariably plunged in value.
The telemarketing operations are called boiler rooms because they use high-pressure sales tactics to promote risky or fraudulent investments. They typically operate from hidden locations, and their brokers often use false names.
In many cases, they sell shares that are restricted from resale on the U.S. market for one year. Most foreign investors who bought shares of the other three public companies with Mazur children as stockholders lost nearly all of their money. Only one of the companies still exists in its original incarnation, and its shares trade for a fraction of a penny.
A compelling story
AccuPoll was incorporated in 2001, in the aftermath of the bitterly disputed 2000 presidential election. The company says its system, which includes a printed verification slip, provides better assurances that each ballot is recorded accurately.
AccuPoll is hoping to capitalize on the nationwide modernization of voting equipment inspired by the Help America Vote Act, which allocated $3.9 billion in federal money for replacing manual punch-card systems.
AccuPoll became publicly traded in 2002, when it merged with Western International Pizza Corp., a dormant Salt Lake City business whose shares were still registered with the SEC.
As part of that transaction, a group of AccuPoll investors split 18.6 million shares of the combined company's stock, or roughly a fourth of the total changing hands, SEC filings show.
One of those investors, a limited-liability corporation that got 4.2 million shares of stock, was managed by Jamie A. Mazur, 27, Sherman Mazur's son. Another limited-liability corporation, which got 4 million shares, was managed by Jennifer Mazur, 26, Sherman Mazur's daughter.
In addition, AccuPoll issued 3.8 million shares as a retainer to three consultants - Jamie Mazur, Breitman and GCH Capital Ltd. The company gave them warrants to buy 2 million more shares at a discounted price.
Breitman once was managing director of GCH Capital. He also manages Palisades Holdings LLC, which provided AccuPoll with $1.9 million in loans that were convertible to stock.
California corporation filings lists GCH's address as 2224 Main Street in Santa Monica, Calif. AccuPoll's agreement with Palisades Holdings lists the same address for that company.
The address also appears in the Nevada corporation filing for a business that Sherman Mazur incorporated in December.
A Canadian newspaper, the Vancouver Sun, published a set of articles July 25 that identified Sherman Mazur as a behind-the-scenes player at General Commerce Bank AG, an Austrian firm that pushed shares of obscure U.S. companies.
Before Austrian authorities shut down General Commerce in 2001, regulators in other nations had added it to their list of operations selling securities without proper authorization.
California corporation records show that in August 2001, the mailing address for GCH Capital was in Vienna and matched the address used by General Commerce Bank.
Rakesh Saxena, an international fugitive under house arrest in Canada, told the Vancouver paper that he had enlisted General Commerce to sell shares of several unlisted companies. He said the firm used boiler rooms in Spain, Germany and Belgium to market the stock.
The story identified the operators of General Commerce as Sherman Mazur, Possino and Raoul Berthaumieu, who went to prison in the early 1990s for writing $1.6 million in bad checks on a Los Angeles bank account, depositing them at the old Centerre Bank of St. Louis (later Boatmen's, now Bank of America) and withdrawing $655,000.
None of the three men has been charged with any wrongdoing in connection with stock sales.
Saxena is wanted in Thailand in connection with the collapse of the Bangkok Bank of Commerce in 1996. Saxena, who is accused of defrauding the bank, was arrested in Canada and has been fighting extradition for nine years.
Familiar faces
Two AccuPoll executives came from other public companies that received financing and consulting services from the Mazur children, Breitman, Possino or some combination of those sources.
Chester L. Noblett Jr., AccuPoll's executive vice president for sales and marketing, previously was chairman and chief executive of eSat Inc., a broadband communications company. Two of Mazur's children, Emily and Trent, were shareholders. They filed to sell $960,000 of eSat shares in the spring of 2000 - while they were still minors.
Shares of eSat were marketed to foreign investors by securities boiler rooms operating out of Asia. The company later went out of business.
Craig A. Hewitt, who until May was AccuPoll's chief financial officer, previously was chief financial officer of Junum Inc., a credit repair and monitoring firm.
Junum had a financing agreement with Breitman's Palisades Holdings and consulting agreements with GCH Capital and Jamie Mazur.
Junum gave up on its credit business in 2002 and merged into a company that develops lottery games for international markets.
Tough market
AccuPoll is facing long odds for success.
The company reported $1.22 million in revenue for the nine months that ended March 31, with all of the money coming from a subsidiary that specializes in installing and servicing computer printers and other hardware.
AccuPoll posted a loss of $7.81 million for the same period. That figure included nearly $4.6 million in general and administrative spending and $2.6 million in professional fees.
AccuPoll had a little less than $73,000 in cash on March 31, the date of its most recent quarterly report. The company warned that it would require "substantial additional funding for obtaining regulatory approval, commercialization of its product, and for continued product improvement."
AccuPoll's stock closed at 14.5 cents a share Friday in trading on the over-the-counter market, down 96 percent from its high of $3.82 in February 2004.
AccuPoll's lack of resources makes it unlikely that the company will dislodge the industry's leaders, Diebold Corp., Election Systems & Software Inc. and Sequoia Voting Systems, said Harris, of Black Box Voting.
"There's a lot of money greasing the skids for these purchases," she said. "The lobbying dollars are just stunning. That works against the little guys."
The number of systems the bigger companies have in service also works against the upstarts when election boards are considering equipment purchases, Madonna said.
"If you have a base of operations with sales and satisfied customers, it's a lot easier than taking a flier on someone new," he said.
The potential market for AccuPoll's products in Missouri is limited. Most local election boards that are buying electronic voting machines in the state have been buying optical-scan machines instead of touch-screen machines, because optical-scan units are less expensive.
But people elsewhere who have used AccuPoll's equipment were impressed.
"I was amazed at how fast they were and how easy they were for our people to understand," said Jean Milka, chairwoman of the Democratic Committee of Allegheny County in Pennsylvania.
The group used the machines this spring at AccuPoll's invitation to decide on party endorsements for the Democratic primary, she said.
The machines - which resemble a computer monitor married with a printer - were easy to move and easy to set up, Milka said. And the paper receipts inspired confidence, she said.
"I just thought it was a great system," she said.
Blood
Docs say Reid Breitman - President Palisades Capital LLC
Some digging into the Warrant issued to Paisades on their S-1 also lists him as President of Palisades and references their counsel as Corporate Legal Services LLP 2224 Main Street Santa Monica CA 90405 Fax: 310-396-3290
Now, when searching Google for Breitman's name I came across the following link, dating back to 2004 talking about a trading scam of British shareholders. In this link, the same address pops up for Companies named Corporate Financial Enterprises as well as a company called GCH Enterprises allegedly also linked to Breitman...link is here, text of post from Dec 2004 is below
Being a Santa Monica address, I'd assume that Big T got wedged into MTCH this way.....certainly seems like a crowd he'd run with.
http://forums.moneysavingexpert.com/showthread.html?t=15495
Hi Woody,
First off it will be a long time, if ever, that you’ll see your cash again. Go to www.pacconsec.com to read this:
++++++++
REGULATIONS S SECURITIES
We may on occasion purchase securities for your account which are exempt from the requirement of registration in the United States pursuant to Regulation S of the Securities Act 1933, as amended. These securities are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the Securities Act 1933, as amended, and the applicable state securities laws, pursuant to registration or exemption there from. You should be aware that you may be required to bear the financial risks of this investment for an indefinite period of time. Regulation S securities can only be held by non-US residents and citizens and cannot be registered in the United States for twelve months from date of issue. The effect of this is that you can only sell these securities off-exchange during the twelve month period and only to non-US persons. Thereafter the securities can be sold into US markets pursuant to securities registration or an applicable exemption from registration. No hedging transactions with respect to the securities may be conducted unless in compliance with US securities laws. Consequently, in addition to the high risks inherent in dealing in small capital market securities, you run an extra risk of losing money when you buy shares in "restricted" or "non readily realisable" securities due to the difficulties in selling such securities. You should be aware that we and our associated companies may receive an additional fee, ultimately paid by the issuing company, in respect of our role as introducing broker for these securities.
+++++++++++++++
Then this:
++++++++++++++
The Pacific Continental Group of companies are wholly owned by Zetland Financial Group. Zetland is a Hong Kong based private company founded in 1987, with an excellent reputation and extensive business contacts in mainland China and other parts of the Pacific Basin. Zetland Group companies are regulated in Hong Kong and Switzerland, Germany and the UK. (www.zetland.biz)
+++++++++++++++++
Then know this:
The people behind Zetland used to be involved in a company called Momentum Campaigns in Hong Kong. One Zetland Director, Jack Flader, was a Director of Momentum Campaigns. This was an “Internet company”. They supported the web sites of other companies, including the early versions of Pacific Continental (PCS). Those early PCS sites touted such stocks as eSat and Accesspoint.
Zetland used be called Gemini. They had a subsidiary called Pacific Capital Group ltd (PCG), also of Hong Kong, same address as Zetland. PCG was an early shareholder in the predecessor to eSat. Other figures behind eSat include Regis Possino of Corporate Financial Enterprises, 2224 Main St., Santa Monica, California. PCG was also involved with Accesspoint. So is Reid Breitman of GCH Capital. GCH’s address is 2224 main St., Santa Monica, the same as Possino’s. Jack Flader filed form 144 to sell more than 60,000 eSat shares in 2000 for more than $300k. the same year, 2000, another boiler room, Steinmorgan, was touting eSat shares (like yours, rule 144). Those who bought in 2000 saw their investment worthless by 2001.
Momentum was taken over by a company called Ziasun. Somebody called Bryant Cragun was behind Ziasun. He ran a manila boiler room called Oxford International Management. He was touting stocks he was involved in like Titan Motorcycles and Chequemate, all duds.
Accupoll staff include Chett Noblett and Andreea Porcelli. Chett was in charge of eSat. Andreea was involved in Junum. The previous CEO of eSat, David Coulter, used to be CEO of eSat.
Exhibit 10.34 of Accupoll SEC filing 10QSB for 30 Sept 2001 shows a warrant agreement with “Bella Donna” Limited. Jack W. Flader Jr signs as authorized signatory for Belladonna. The same person who was then probably still director of Momentum, was then director of PCG and Gemini, and who is now a director of Zetland. Zetland owns PCS. The Spanish version of the SEC warned on line of PCS European Administration (their Spanish branch) acting illicitly. The person in charge was named there as James Sutherland, another Zetland director. The same warning associated him with PT Dolok Permai, an Indonesian boiler room, and another name for International Asset Management, yet another boiler room, and again run by Cragun.
And so it goes on. What I wrote is just the tip of the iceberg. Maybe I can do some more digging, but I need more facts. What other companies were recommended to you by PCS? When you transferred funds, how were they routed, and through which companies? Was there any involvement with A-Street Capital of Chicago, or any company in Hong Kong? You need to collect ALL your facts, names (although you'll find many are fake), phone numbers and so on, however seemingly trivial.
Voipy
That address is where his ex, Ione lives with two little kids....not sure about the other names.....Tony Lives in LA...need an address?
My bet is Sade left because either the Oxis D&O has been cancelled, or, gasp, a falling out with Big T??? Wonder if he's gonna do the same at MTCH and GSTY
Unlike MTCH, they're built to last???
First time I've the words "come clean" and Tony Cataldo mentioned together...lol
Anyone know if old man Bernstein is related to Mark Bernstein? Curious if that's the link that led Cataldo the savior to MTCH
That's because he pilfered the cash in record time and is better off waiting to take over at MTCH....Forget about OXIS....the shark will go to the chum(p) with the best chance at providing him and his pals income. Tony knows nothing about wind power, except the hot air that comes out of his mouth.
Wouldn't you like to see Big T on that new CBS show Undercover Boss, where CEO's go to work at their companies? Biggest question would be, which one of the 3 companies would he choose?
A reverse split is noting more than putting lipstick on the pig at this point, dontcha think?
sounds reasonable and I agree 1000% behind Big T's motivation....problem with the GSTY loan is that there's no volume there for him to get any benefit, no matter how exhorbitant the terms are.
My guess is he had to pay some cash to his buddy Dadon, or his buddy Wachs, or his NY lawyer buddies, or it was done to appease his buddy David Firestone, who, by the way, was censured by the SEC last year.
Notice that no 8-K was done on that loan, nor on the cash raised in 2009?
hard to figure the motivation to be involved with 3 public companies, none of which have any cash. But now that we're in 10-K countdown (Big T's favorite time of year), we should all get some insight around April 15th, after the requisite NT's get filed on March 31st.
How would Big T collect salary when all of his companies have ZERO cash? What's more amazing is that he apparently loaned cash to GSTY. However, if one was to speculate, I'd venture a guess that he'd pay himself a base of around $300,000, in addition to the requisite options and other perks.
Boy if that holds true, Big T sure will be BUSY, being the CEO of THREE publicly traded companies, although you must use the term companies lightly as none of them do anything except bleed red.
Wonder if his movie producer extrodinaire son, Cory, will be added to the MTCH payroll, as has happened at multiple other companies before?
Check one of the cafes in LA, Le Petit Four I believe its called
Blood
Could you translate what Nazz said please
Very possible Blood.....uneducated and a total disregard for the laws of this land. I get a kick out of those every time I see them.
As an aside, Dadon would NEVER loan 300k to GSTY, his mother or anyone else for that matter. He's a taker, not a giver.
this guys english makes him sound just like David Dadon....or maybe one of his family members
First Regional - Century City
Sorry about the confusion
Not sure, but someone who owes you money is in control of an account under razrclick.com
think his son is on the OXIS payroll yet? Gotta continue tradition
don't think the house on you tube is his....or maybe it was in FL, but I don't think so in CA.....didn't see any poitrait of napolean with AC's face.....true story
That pic must be pretty old, as the self-described turnaround genius of companies is completely gray now.....was that a perm he had? nice!
voipy, maybe you can get your past monies owed by getting funds from the razrclick.com account over at first regions bank in LA